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NASDAQ: APPS
Digital Turbine Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for APPS

Based on 6 analysts offering 12 month price targets for Digital Turbine Inc.
Min Forecast
$60.00+20.48%
Avg Forecast
$102.33+105.49%
Max Forecast
$132.00+165.06%

Should I buy or sell APPS stock?

Based on 7 analysts offering ratings for Digital Turbine Inc.
Strong Buy
Strong Buy
4 analysts 57.14%
Buy
2 analysts 28.57%
Hold
1 analysts 14.29%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

APPS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Oppenheimer
Top 12%
89
BuyMaintains$117.00+134.94%2021-11-03
Macquarie
Bottom 29%
29
HoldInitiates Coverage On$60.00+20.48%2021-08-31
Canaccord Genuity
Top 11%
90
Strong BuyUpgradesN/AN/A2021-08-31
Maxim Group
Bottom 9%
9
Strong BuyMaintains$132.00+165.06%2021-06-02
Craig-Hallum
Top 19%
82
BuyMaintains$105.00+110.84%2021-03-23
Roth Capital
Bottom 4%
4
Strong BuyMaintains$115.00+130.92%2021-03-23
B. Riley
Top 9%
92
Strong BuyMaintains$85.00+70.68%2021-02-04
Anonymous
Canaccord Genuity
HoldDowngrades$60.00+20.48%2020-12-21

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Forecast return on equity

Is APPS forecast to generate an efficient return?
Company
69.56%
Industry
-48.07%
Market
37.06%
APPS's Return on Equity is forecast to be high in 3 years (69.56%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is APPS forecast to generate an efficient return on assets?
Company
23.94%
Industry
5.71%
APPS is forecast to generate higher Return on Assets (23.94%) than the US Software - Application industry average (5.71%)
Forecast

APPS earnings per share forecast

What is APPS's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$1.37+128.33%
Avg 2 year Forecast
$2.01+235%
Avg 3 year Forecast
$3.50+483.33%
APPS's earnings are forecast to grow at an exceptional rate of 75.75% per year
Forecast

APPS revenue forecast

What is APPS's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$1.2B+70.35%
Avg 2 year Forecast
$1.6B+128.97%
Avg 3 year Forecast
$2.1B+201.88%
APPS's revenue is forecast to grow at an exceptional rate of 43.87% per year
Forecast

APPS earnings growth forecast

How is APPS forecast to perform vs Software - Application companies and vs the US market?
Company
75.75%
Industry
4.3%
Market
14.37%
APPS's earnings are forecast to grow faster (75.75% per year) than the US Software - Application industry average (4.3%)
Forecast
APPS's earnings are forecast to grow faster (75.75% per year) than the US market average (14.37%)
Forecast
APPS's earnings are forecast to grow faster (75.75% per year) than the risk-free savings rate (1.4%)
Forecast

APPS revenue growth forecast

How is APPS forecast to perform vs Software - Application companies and vs the US market?
Company
43.87%
Industry
16.83%
Market
10.03%
APPS's revenues are forecast to grow faster (43.87% per year) than the US Software - Application industry average (16.83%)
Forecast
APPS's revenues are forecast to grow faster (43.87% per year) than the US market average (10.03%)
Forecast

Digital Turbine Stock Forecast FAQ

Is Digital Turbine Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: APPS) stock is to Strong Buy APPS stock.

Out of 7 analysts, 4 (57.14%) are recommending APPS as a Strong Buy, 2 (28.57%) are recommending APPS as a Buy, 1 (14.29%) are recommending APPS as a Hold, 0 (0%) are recommending APPS as a Sell, and 0 (0%) are recommending APPS as a Strong Sell.

What is APPS's earnings growth forecast for 2022-2024?

(NASDAQ: APPS) Digital Turbine's forecast annual earnings growth rate of 75.75% is forecast to beat the US Software - Application industry's average forecast earnings growth rate of 4.3%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Digital Turbine's earnings in 2021 is $53,003,000.On average, 2 Wall Street analysts forecast APPS's earnings for 2022 to be $132,377,187, with the lowest APPS earnings forecast at $120,782,105, and the highest APPS earnings forecast at $143,972,269. On average, 2 Wall Street analysts forecast APPS's earnings for 2023 to be $194,217,625, with the lowest APPS earnings forecast at $158,466,122, and the highest APPS earnings forecast at $229,969,128.

In 2024, APPS is forecast to generate $338,189,894 in earnings, with the lowest earnings forecast at $338,189,894 and the highest earnings forecast at $338,189,894.

What is APPS's revenue growth forecast for 2022-2024?

(NASDAQ: APPS) Digital Turbine's forecast annual revenue growth rate of 43.87% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 16.83%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Digital Turbine's revenue in 2021 is $706,494,000.On average, 2 Wall Street analysts forecast APPS's revenue for 2022 to be $116,288,044,437, with the lowest APPS revenue forecast at $116,248,427,907, and the highest APPS revenue forecast at $116,327,660,968. On average, 2 Wall Street analysts forecast APPS's revenue for 2023 to be $156,306,537,723, with the lowest APPS revenue forecast at $153,625,174,992, and the highest APPS revenue forecast at $158,987,900,454.

In 2024, APPS is forecast to generate $206,077,461,294 in revenue, with the lowest revenue forecast at $206,077,461,294 and the highest revenue forecast at $206,077,461,294.

What is APPS's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: APPS) forecast ROA is 23.94%, which is higher than the forecast US Software - Application industry average of 5.71%.

What is APPS's Price Target?

According to 6 Wall Street analysts that have issued a 1 year APPS price target, the average APPS price target is $102.33, with the highest APPS stock price forecast at $132.00 and the lowest APPS stock price forecast at $60.00.

On average, Wall Street analysts predict that Digital Turbine's share price could stay at $102.33 by Nov 3, 2022. The average Digital Turbine stock price prediction forecasts a potential downside of N/A from the current APPS share price of $49.80.

What is APPS's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: APPS) Digital Turbine's current Earnings Per Share (EPS) is $0.60. On average, analysts forecast that APPS's EPS will be $1.37 for 2022, with the lowest EPS forecast at $1.25, and the highest EPS forecast at $1.49. On average, analysts forecast that APPS's EPS will be $2.01 for 2023, with the lowest EPS forecast at $1.64, and the highest EPS forecast at $2.38. In 2024, APPS's EPS is forecast to hit $3.50 (min: $3.50, max: $3.50).

What is APPS's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: APPS) forecast ROE is 69.56%, which is considered strong.
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